Question

An asset is purchased on April 1st and has an annual depreciation amount of $3,600. Using the straight-line method of depreciation, what is the depreciation expense on December 31st?
$3,000

$2,700

$2,900

$3,240

Answer 1

From April to December =9 months

the depreciation expense
3,600×(9÷12)=2,700

Answer 2

The answer to your question is 2,700